Evergy Inc. (NASDAQ:EVRG – Get Free Report) EVP Charles Caisley sold 10,787 shares of Evergy stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $83.46, for a total transaction of $900,283.02. Following the completion of the sale, the executive vice president owned 37,789 shares in the company, valued at approximately $3,153,869.94. This represents a 22.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Evergy Stock Performance
NASDAQ:EVRG traded up $0.53 during mid-day trading on Tuesday, hitting $83.97. The stock had a trading volume of 1,783,716 shares, compared to its average volume of 2,053,906. The stock has a market capitalization of $19.36 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.18 and a beta of 0.55. The company has a 50 day simple moving average of $82.39 and a 200-day simple moving average of $79.27. Evergy Inc. has a 52 week low of $66.19 and a 52 week high of $85.27. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29.
Evergy (NASDAQ:EVRG – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.63 by $0.06. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. Evergy’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, research analysts expect that Evergy Inc. will post 4.25 earnings per share for the current fiscal year.
Evergy Dividend Announcement
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Bank of America dropped their price target on shares of Evergy from $89.00 to $88.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. BTIG Research assumed coverage on shares of Evergy in a research report on Thursday, April 9th. They issued a “buy” rating and a $99.00 price target on the stock. Wall Street Zen raised shares of Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. BMO Capital Markets lifted their price target on shares of Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a research report on Monday, February 23rd. Finally, Mizuho set a $82.00 price target on shares of Evergy in a research report on Monday, February 23rd. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $89.60.
Check Out Our Latest Report on Evergy
Institutional Investors Weigh In On Evergy
Several institutional investors and hedge funds have recently bought and sold shares of EVRG. MidFirst Bank bought a new stake in Evergy in the 4th quarter valued at $25,000. Harbor Capital Advisors Inc. bought a new stake in Evergy in the 4th quarter valued at $27,000. Accredited Wealth Management LLC increased its holdings in Evergy by 1,310.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock valued at $31,000 after buying an additional 380 shares during the period. Prosperity Bancshares Inc bought a new stake in Evergy in the 4th quarter valued at $32,000. Finally, Triumph Capital Management increased its holdings in Evergy by 104.8% in the 4th quarter. Triumph Capital Management now owns 508 shares of the company’s stock valued at $37,000 after buying an additional 260 shares during the period. Institutional investors own 87.24% of the company’s stock.
About Evergy
Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.
The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.
Featured Articles
- Five stocks we like better than Evergy
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Evergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evergy and related companies with MarketBeat.com's FREE daily email newsletter.
